5116 Palangos Drive, FL
Stellar MLS
1 / 1

$299,000

5116 Palangos DrivePunta Gorda, FL 33982

Listing updated: October 5, 2026 at 10:58 AM ET

Active
Stellar MLSListing courtesy of Florida Realty Investments · Ann Nguyen · MLS #S5158849 · Active · 407-207-2220
0
Baths
5
Acres
◆5 acres◆$1/sqft
Land

Property type

217,800 sqft

Lot size

$1

Price / sq ft

No HOA

HOA dues

2

Days on market

X

Flood zone

About this home

Space to spread out and room to imagine your next chapter! Discover nearly 5 acres in Punta Gorda Acres, featuring open, cleared areas and scattered mature pines that preserve the property’s natural character. Two adjoining parcels on Palangos Drive are offered together, totaling approximately 4.87 acres, as shown on the survey. Two existing storage sheds are included in the sale. Explore the possibilities for a future home with generous outdoor space, a garden, and your own peaceful retreat, subject to applicable approvals. Both parcels are zoned Residential Estate (RE1). Sale includes parcel IDs 402336227004 and 402336227005. Buyer to verify acreage, permitted uses, building eligibility, access, utilities, and environmental requirements with the appropriate agencies.

Estimated monthly payment

Principal & interest$1,512
Property taxes$99
Home insurance (est.)$137

Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.

Price & listing history2 days on market

  1. Status: Active
    Oct 3, 2026
  2. Listed$299,000
    Oct 3, 2026

Facts & features

Property type
Land
Status
Active
Days on market
2
Subdivision
Gorda Acres 1st Add
County
Charlotte
Price/sq ft
$1
Lot size
217,800 sq ft
Lot category
5 to less than 10
Flood zone
X
Annual taxes
$1,186 (2025)
Parcel #
402336227004
Zoning
RE1
MLS #
S5158849

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HOA & Financial

Total monthly fees
None
Total annual fees
None
Ownership
Fee Simple

Exterior & Construction

Road surface
Paved

Utilities

Sewer
Septic Needed
Water source
Well Required
Utilities
Electrical Nearby

Schools

ElementaryEast ElementaryGreatSchools ↗
MiddlePunta Gorda MiddleGreatSchools ↗
High SchoolCharlotte HighGreatSchools ↗

Letter grades: Florida DOE 2024–25 school grades (Orange, Seminole, Lake, Osceola, Brevard). Assigned schools from the listing agent — verify enrollment with the district.

Listing Details

Listing date
2026-10-03
On market date
2026-10-03
Original list price
$299,000
MLS area
33982 - Punta Gorda
Listing AOR
Orlando Regional
Status changed
2026-10-03
Tax legal description
ZZZ 364023 P27 36 40 23 P-27 5A M/L S1/2 OF SE1/4 OF NE1/4 OF NE1/4 LESS S 30 FT AKA PUNTA GORDA ACRES 1ST ADD BLK B LT 14 731/507

Flood risk

Minimal riskFEMA Zone X

Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.

Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.

Location

Directions

Starting at the Peace River Bridge on Tamiami Trail (US41) going into Punta Gorda. Left onto W Olympia Ave (US 17). Right onto Bermont Rd (Hwy74). Left onto Palangos Dr. Land is on the right.

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MLS GRID

Listings courtesy of Stellar MLS as distributed by MLS GRID

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the MLS GRID as of October 5, 2026 at 10:58 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

All or a portion of the multiple listing information is provided by Stellar MLS, from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Stellar MLS. All rights reserved.

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